Organizations Filed Purposes:
As a wholly-owned subsidiary of Neighborhood Progress, Inc. (NPI), New Village Corporation (NVC) develops catalytic real estate projects in joint ventures with community based 501(c)(3) development corporations and private investors. New Village Corporation supports projects that are either too large for a non-profit 501(c)(3) Community Development Corporation ("CDC") to take on or too risky for a private developer. NVC works directly with 501(c)(3) CDCs and private developers to help secure resources that assist in handling complex real estate development projects. NVC provides technical assistance, including arranging project financing. Projects undertaken further the organization's charitable purposes by combating community deterioration in distressed communities.
Non-profit developer specializing in challenging projects in urban environments which spurs additional private investments.
New Village Corporation ("NVC") focuses its real estate development in places where its activity will relieve blight, economic distress, and community deterioration in the service of underserved communities in the City of Cleveland. NVC is currently involved in an acquisition, rehabilitation, and for-sale single-family housing program with Slavic Village Development, a 501(c)(3) organization. It is currently working on a strategy to revive the failed new construction market in the Buckeye neighborhood of Cleveland, where the company owns enough land to facilitate the construction of almost 80 new units.Established in 1990, NVC is a wholly-owned real estate development subsidiary of Neighborhood Progress, Inc., a nonprofit organization formed to foster communities of choice and opportunity throughout Cleveland. Since 1990, NVC has developed over 800 units of new or rehabbed housing and 1.28 million square feet of new or rehabbed commercial space worth over $213 million. Among its completed projects are: the award-winning Saint Luke's Manor Phase I and Bicentennial Village Development; North Park Place; Dave's Supermarket in Ohio City and Slavic Village; Central Commons; Lee-Harvard Shopping Center; Orchard Park; Fries & Schuele Apartments; Carroll Avenue Condominiums; Arbor Park Place Shopping Center.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Linda Warren | President | 9 | $0 |
| Erskine Bevel | Chief Financial Officer | 9 | $0 |
| Dorivette Nolan | Trustee | 1 | $0 |
| Sean Mcdermott | Trustee | 1 | $0 |
| August Flucker | Trustee | 1 | $0 |
| Donovan Duncan | Trustee | 1 | $0 |
| Connor Coakley | Trustee | 1 | $0 |
| Monique Winston | Secretary | 1 | $0 |
| Pete Snaveley Jr | Treasurer | 1 | $0 |
| Joel Ratner | Vice Chairperson | 1 | $0 |
| Ben Nichols | Chairperson & Treasurer | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202011979349306271_public.xml